South Korea fines telco giant KT $39 million for customer data breach

South Korea fines telco giant KT  million for customer data breach
South Korea’s PIPC fined KT Corporation KRW 53.979 billion after an internal network compromise and data protection failures exposed subscriber information and enabled fraudulent mobile payments. The investigation also found a separate BPFDoor malware infection on KT servers and cited evidence deletion that may have hidden the full extent of the breach. #KTCorporation #PIPC #BPFDoor #RedMenshen #LGUplus

Keypoints

  • PIPC fined KT Corporation KRW 53.979 billion for data protection violations.
  • A compromised femtocell let attackers intercept subscriber traffic for nearly 11 months.
  • The breach exposed data of 16,647 KT subscribers and led to fraudulent mobile payments.
  • PIPC also found 38 KT servers infected with BPFDoor malware.
  • The agency said KT deleted logs and failed to properly report the incident.

Read More: https://www.bleepingcomputer.com/news/security/south-korea-fines-telco-giant-kt-39-million-for-customer-data-breach/